AFD - 2019 Universal registration document

CONSOLIDATED FINANCIAL STATEMENTS PREPARED IN ACCORDANCE WITH IFRS

Notes to the consolidated financial statements

The changes in commitments over 2019 are shown in the table below:

Expatriate employees healthcare expenses Retirement Retirement

Total defined benefit plans

Retiree health insurance

Retirement lump sum

Service award Total global

In thousands of euros

Change in the present value of the commitment Present value of the commitment at 1 January

9,036

36,959

88,634

17,098

151,727

1,102

152,829

Financial cost

187 330

260 168

1,862 4,484 1,838

348

23

Cost of services rendered over the year

1,438

152

Cost of past services Reductions/Liquidations

0 0

0

0

0

0

Services paid

-66

-7,513 -1,639

-1,933 24,442

-1,359 2,702

-115 117

Actuarial gains (losses)

2,309

Change in scope between AFD and IEDOM

0

-11

-46

-20

-1

Present value of the commitment at b 31/12/2019

11,797

28,223

119,281

20,207

179,507

1,279

180,786

Change in the fair value of retirement planassets Fair value of assets at 1 January

46,169

46,169

46,169

Expected return on assets

323

Services paid

-7,513 -1,906

Actuarial gains (losses)

Liquidations

0

Change in scope between AFD and IEDOM Fair value of assets at 31/12/2019 Corridor limits Actuarial gains (losses) not recognised at 1 January Corridor limits at 1 January Actuarial gains (losses) generated over the Ǿ year Actuarial gains (losses) recognised in profit or loss Actuarial gains (losses) N-1 recognised in equity Actuarial gains (losses) recognised in equity this period Actuarial gains (losses) not recognised at b 31/12/2019

37,073

37,073

37,073

6

0

0

0

0

0

0

0

-2,309

-267

-24,442

-2,702

-29,720

-117

-29,837

0

0

0

0

0

117

117

0

0

0

0

0

0

0

2,309

267

24,442

2,702

29,720

0

29,720

0

0

0

0

0

0

0

Amounts recognisedon the balance sheet at 31/12/2019 Present value of the funded commitment

28,223 -37,073

Fair value of financed assets

-8,851

-8,851

Present value of unfunded commitment

11,797 11,797

119,281 119,281

20,207 20,207

151,284 142,434

1,279 1,279

152,564 143,713

Net position

-8,851

Unrecognised actuarial gains (losses)

0

0

0

0

0

0

0

Balance sheet provision

11,797

-8,851

119,281

20,207

142,434

1,279

143,713

147

UNIVERSAL REGISTRATION DOCUMENT 2019